NRG COSIA Carbon XPRIZE
We're reimagining CO2
We live in an unprecedented age of technology and convenience – one that requires a lot of energy. Much of the energy we use, particularly for transportation, comes from fossil fuels which, when burned, emit greenhouse gases like carbon dioxide (CO2). These emissions contribute to climate change. But what if we could turn CO2 emissions into something useful?
That’s where the NRG COSIA Carbon XPRIZE competition comes in. With support from eight member companies, including Cenovus, COSIA has teamed up with NRG Energy to sponsor the NRG COSIA Carbon XPRIZE. It's one of the many innovative ways we’re investing in new technologies that could be used directly in our operations to help reduce CO2 emissions. This competition challenges teams from around the world to develop innovative approaches to convert CO2 emissions from burning fossil fuels into valuable products and consumer goods.
The competition will have two tracks – one focused on testing technologies at a coal power plant and one focused on testing technologies at a natural gas power plant. Each track will operate as a separate competition on the same timeline. The two technologies that convert the greatest amount of CO2 into products with the highest net value, while creating the greatest environmental benefit, will win the NRG COSIA Carbon XPRIZE competition.
Meet the semifinalists
Of the 47 entries originally submitted for the competition, 27 teams have now moved into Round 2 of the $20 million NRG COSIA Carbon XPRIZE. The approaches these teams are taking vary widely. They include converting captured CO2 into everything from fish food to fertilizer to carbon nanotubes and building materials.
These teams are pushing the boundaries of innovation to create breakthrough CO2 conversion solutions that could ultimately contribute to the fight against climate change.
Read more about where each team is from and what they're working on.
What is an XPRIZE?
An XPRIZE inspires innovation and positive change for current problems believed to be unsolvable or with no clear path to a solution. The XPRIZE Foundation is the global leader in large-scale incentive prize competitions that bring together bright minds to find solutions to global problems.